Common use of Assignments, Participations, etc Clause in Contracts

Assignments, Participations, etc. (a) Any Lender may, with the written consent of Borrower, which consent shall not be withheld or delayed in bad faith and shall not be required if an Event of Default exists, and Agent, at any time assign and delegate to one or more Eligible Assignees (provided that no written consent of the Agent or Borrower shall be required in connection with any assignment and delegation by a Lender to an Eligible Assignee that is an Affiliate of such Lender) (each an "Assignee") all, or any ratable part of all, of the Loans, the Commitments and the other rights and obligations of such Lender hereunder, in a minimum amount of $2,000,000 or, if less, the entire Commitment of such Lender; provided, however, that the Borrower and the Agent may continue to deal solely and directly with such Lender in connection with the interest so assigned to an Assignee until:

Appears in 1 contract

Samples: Credit Agreement (Life Time Fitness Inc)

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Assignments, Participations, etc. (a) Any Lender may, with the written consent of Borrower, which consent shall not be unreasonably withheld or delayed in bad faith and (provided that such consent of Borrower shall not be required if at any time that a Default or an Event of Default existsexists or in connection with any assignment by a Lender to another Lender, an Affiliate of a Lender or a Related Fund of a Lender), and Agent, at any time assign and delegate to one or more Eligible Assignees Agent (provided that no written such consent of the Agent or Borrower shall not be required in connection with any assignment and delegation by a Lender to an Eligible Assignee that is an Affiliate of such Lender) ), at any time assign and delegate to one or more Eligible Assignees (each an "Assignee") all, or any ratable part of allof, of the Loans, the Commitments and the other rights and obligations of such Lender hereunder, in a minimum amount of $2,000,000 5,000,000 (or such lesser amount to which Agent, in its sole discretion, may agree) or, if less, the entire Commitment or Loan(s) of such Lender; provided, howeverthat, that the Borrower and the Agent may continue to deal solely and directly with such Lender in connection with the interest so assigned to an Assignee until:

Appears in 1 contract

Samples: Credit Agreement (WII Components, Inc.)

Assignments, Participations, etc. (a) Any Lender may, with the written consent of the Borrower, which consent shall not be unreasonably withheld or delayed in bad faith and (provided that such consent shall not be required if at any time that an Event of Default exists, exists or in connection with an assignment of a Term Loan to a Related Fund) and of Agent, at any time assign and delegate to one or more Eligible Assignees (provided that no the written consent of the Agent or the Borrower shall not be required in connection with any assignment and delegation by a Lender to an Eligible Assignee that is an Affiliate of such Lender) (each an "Assignee") all, or any ratable part of allof, of the Loans, the Commitments and the other rights and obligations of such Lender hereunder, in a minimum amount of $2,000,000 5,000,000 (or such lesser amount as Agent in its sole discretion may agree) or, if less, the entire Commitment or Loan(s) of such Lender; provided, however, that the Borrower and the Agent may continue to deal solely and directly with such Lender in connection with the interest so assigned to an Assignee until:

Appears in 1 contract

Samples: Credit Agreement (True Temper Sports Inc)

Assignments, Participations, etc. (a) Any The Lender may, with the written consent of Borrowerthe Borrower at all times other than during the existence of an Event of Default, which consent of the Borrower shall not be withheld or delayed in bad faith and shall not be required if an Event of Default exists, and Agentunreasonably withheld, at any time assign sell, assign, transfer and delegate to one or more Eligible Assignees (provided that no written consent of the Agent or Borrower shall be required in connection with any assignment sale, assignment, transfer and delegation by a the Lender to an Eligible Assignee that is an Affiliate of such the Lender) (each an "Assignee") all, or any ratable part of all, of the Loans, the Commitments Commitment and the other rights and obligations of such the Lender hereunder, in a minimum amount of $2,000,000 or, if less, the entire Commitment of such Lender; provided, however, that the Borrower and the Agent may continue to deal solely and directly with such the Lender in connection with the interest so assigned to an Assignee until:until written notice of such assignment, together with payment instructions, addresses and related information with respect to the Assignee, shall have been given to the Borrower by the Lender and the Assignee.

Appears in 1 contract

Samples: Credit Agreement (Telvent Git S A)

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Assignments, Participations, etc. (a) Any Lender may, subject to the consent of the Borrower and with the written consent of Borrowerthe Administrative Agent (in either case, which consent shall not be withheld or delayed in bad faith and shall not be required if an Event of Default exists, and Agentunreasonably withheld), at any time sell or assign and delegate to one or more Eligible Assignees (provided that no written consent of the Borrower or Administrative Agent or Borrower shall be required in connection with any assignment and delegation by a Lender to an Eligible Assignee that is an Affiliate of such Lender) (each an "Assignee") all, or any ratable part of all, of the Revolving Loans, the Revolving Loan Commitments and the other rights and obligations of such Lender hereunder, in a minimum amount of $2,000,000 or, if less, the entire Commitment of such Lender10,000,000; provided, however, that the Borrower and the Administrative Agent may continue to deal solely and directly with such Lender in connection with the interest so assigned to an Assignee until:

Appears in 1 contract

Samples: Credit Agreement (Healthcare Compare Corp/De/)

Assignments, Participations, etc. (a) Any Lender may, with the written consent of Borrower, which consent shall not be unreasonably withheld or delayed in bad faith and (provided that such consent of Borrower shall not be required if at any time that a Default or an Event of Default exists), and Agent, at any time assign and delegate to one or more Eligible Assignees Agent (provided that no the written consent of neither the Agent or nor the Borrower shall be required in connection with any assignment and delegation by a Lender to an Eligible Assignee that is an Affiliate of such Lender) ), at any time assign and delegate to one or more Eligible Assignees (each an "Assignee") all, or any ratable part of allof, of the Loans, the Commitments and the other rights and obligations of such Lender hereunder, in a minimum amount of $2,000,000 3,000,000 (or such lesser amount to which Agent, in its sole discretion, may agree) or, if less, the entire Commitment or Loan(s) of such Lender; providedPROVIDED, howeverTHAT, that the Borrower and the Agent may continue to deal solely and directly with such Lender in connection with the interest so assigned to an Assignee until:

Appears in 1 contract

Samples: Credit Agreement (PrimeWood, Inc.)

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